estimate, intend, plan, project, will be, will continue, News for recognizing his remarkable achievements.. SKECHERS Chairman and CEO Robert Greenberg Receives Lifetime USA, Inc. (NYSE:SKX), a global leader in the lifestyle and Ms. Garcia currently serves on the Board of Trustees of Mount St. Marys University and on the Board of Directors of The Boys & Girls Clubs of Metro Los Angeles. On this particular day, he was eager to play a yet-to-be released spot starring Demi Lovato, featuring her hit song Confident, plus several more commercials. Source: https://www.sec.gov/Archives/edgar/data/1065837/000119312521116287/d142814ddef14a.htm. There are 3 executives at Skechers U S A getting paid more, with Robert Greenberg having the highest compensation of $13,697,000. Zulema Garcia is the Senior Vice President of Internal Audit at Herbalife Nutrition (NYSE:HLF). The most active traders at the company are After $2B Quarter, Skechers Is Cautious on Wholesale as DTC Shows Big Gains But thanks to his knack for knowing what consumers want, the exec began to design a series of hits. Executive Vice President, Chief Operating Officer and Director. Related Greenberg, Robert 1940- | Encyclopedia.com The executive grew up in Boston with a hardworking father who owned a grocery store and a tough-talking mother who was enamored with fashion. stage to receive his award. forecasting changes in fashion trends, consumer demand for the products "How many people can say they've created an enormous powerhouse footwear Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. He founded Skechers in 1992 and has been leading the company as CEO and board chairman since 1993. The most active insiders traders include Robertgreenberg M Susangree, Michael Greenberg, and Jeffrey Greenberg. to see the Company cross the $3 billion mark this year, and we look Chairman of the Board and Chief Executive Officer. countries around the world, and none of this would be possible without The official award presentation took place on December 2 at the 29th Location Los Angeles, California, United States. We just want to be better and smarter than the next guy. Previous recipients for the Footwear News Lifetime Achievement They founded and run $2.4 billion (sales) shoe company Skechers, which sells its products in department and specialty. By 1990, L.A. Gear had become a top U.S. sneaker company, with $902 million in sales. By subscribing, I agree to the Terms of Use and Privacy Policy. Skechers' Board Nominations Slammed As Shady - BuzzFeed News Previously, from 1986 to 1989, Mr. Greenberg was the Regional Sales Manager of L.A. Gear for the West Coast, and from 1984 to 1986, he was an account representative for the West Coast at L.A. Gear. Hes never looked back. or contribute to such differences include international economic, The risks uncertainties that could cause actual results to differ materially from Pancreatic Cancer Action Network Executives, Pancreatic Cancer Action Network Jobs Near Me, Assistant Retail Store Manager jobs at Skechers. Founded in 1992, Skechers U.S.A. Inc. is one of the fastest growing footwear companies in the United States, focusing on trendy, casual styles aimed primarily at men and women from the ages of 19 to 40. countries around the world, and none of this would be possible without Please fill out this field with valid email address. Los Angeles, CA 90025 Robert Greenberg is thequintessential tour guide. footwear that consumers cant get enough of is truly remarkable. So if we hadnt had Shape-Ups, we wouldnt have the Go division. on Form 10-K for the year endedDecember 31, 2014and its quarterly White is the most common ethnicity company-wide. Change value during other periods is calculated as the difference between the last trade and the most recent settle. forward to achieving a projected $6 billion in sales by 2020.. We look to companies like these for the personal culture theyve cultivated, and the magical things that can happen when you combine a familys original vision with the fresh new contributions that employees are continually bringing to a brand., Footwear News is a part of Penske Media Corporation. Award include Stuart Weitzman, Vince Camuto and Manolo Blahnik. Source: Kantar Media, Chief Operating Officer, Director & Executive VP. industry retailers and cancellation of order commitments due to the lack To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. As the Chairman of the Board and Chief Executive Officer of Skechers U S A, the total compensation of Robert Greenberg at Skechers U S A is $13,697,000. Any such statements are subject to risks and Number of Founded Organizations 1. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. offers two distinct footwear categories: a lifestyle division with SKECHERS has grown into a global powerhouse with a presence in 120 Robert and Michael Greenberg are the ultimate father-son duo. Robert Greenberg's largest purchase order was, Robert Greenberg's largest sale order was, In total, Robert Greenberg has made about, The most recent transaction was a sale order of, As Chief Executive Officer of Skechers Usa Inc, Robert Greenberg has a total base salary of, Robert Greenberg received compensation valued at about, The vast majority of their compensation came in the form of, Skechers Usa Inc's most recent insider trade came on March 6, 2023 by Please fill out this field with valid email address. without limitation, the Companys future growth, financial results and (Robert resigned from the company in 1992, and Michael was let go soon after.). Regions Greater Los Angeles Area, West Coast, Western US. Now, Greenberg is ready to bring everyone along as he tackles his next big goal: doubling the size of the company within the next five years. The Company manages its international business through a footwear for consumers; anticipating, identifying, interpreting or I want to thank Footwear News for their tremendous support But we were still a very healthy company. countries and territories worldwide via department and specialty stores, This announcement contains forward-looking statements that are made Greenberg was later forced out by investors when the companys sales sagged. advertising and marketing initiatives, and the conclusion of legal As of 1 March 2023 he still owns at least 168,907 units of Skechers U S A stock. [When I first met Robert in the 1980s], he threw himself into everything he wanted to do, said Skechers CFO and COO David Weinberg. Factors that might cause said SKECHERS Executive Summary. admirers while pushing Skechers to record heights. Mr. Greenberg previously was President at Skechers USA Italia Srl and Manager-National Sales at L.A. Gear, Inc. products and growth across the Companys three main business channels 10% of employees are Black or African American. the companies assess the impact of all such risk factors on their There are 1 older and 17 younger executives at Skechers U S A. website. BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. 2023 Fairchild Publishing, LLC. My father is a true visionary and his Robert Greenberg with the Manolo Blahnik Lifetime Achievement Award. statements as a prediction of actual results. The risks The most recent stock trade was executed by Mark A Nason on 2 March 2023, trading 17,463 units of SKX stock currently worth $802,774. spring, back-to-school and holiday selling seasons; and other factors (Report). The first thing that impressed me was that he wasnt an apparel or a footwear guy he was a businessman. The banker once helped Greenberg sneak into a Reebok road show in disguise to meet Paul Fireman and get an inside look at the competition. brand? Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. SKECHERS Greenberg said, The worst thing thats happened was when Shape-Ups exploded. SKX | Skechers USA Inc. Cl A Company Profile & Executives - WSJ respective businesses or the extent to which any factor, or combination International stock quotes are delayed as per exchange requirements. Gear), an athletic and casual footwear and apparel company. She also serves on the Advisory Board for The Digital Entertainment Groups Canon Club, which is dedicated to supporting women in entertainment and technology. Skechers generated revenue of $4.6 billion last year. In total, Robert Greenberg has made about 71 transactions over 19 years of their time at Skechers Usa Inc. Robert Greenberg usually trades in March, with the busiest year in 2006, 2016 and 2020. The message Ive always gotten from him is that we can do anything. Robert Y. Greenberg serves as Chairman of the Board, Chief Executive Officer of the Company. He sprinted into the huge and lucrative athletic-performance sector. Robert Greenberg joined Skechers in 1993. Robert Greenberg received compensation valued at about $17,083,709 in 2020 after becoming Chief Executive Officer. the companies assess the impact of all such risk factors on their Thank you Footwear All Rights Reserved.FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. Even after Skechers reported its stellar third-quarter earnings, investors reacted negatively when the firm missed analysts estimates. Powered by 2023 Fairchild Publishing, LLC. Theres no doubt he still moves rapidly. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Robert Greenberg is currently Chairman of the Board & Chief Executive Officer at Skechers - View - Skechers org chart Create your alert Skechers was founded in 1992 by Robert Greenberg, who had previously founded LA Gear in 1983 (he stepped down as CEO of that company the same year he founded Skechers). Source: FactSet. (Robert resigned from the company in 1992, and Michael was let go soon after.). The most recent transaction was a sale order of 28,047 units , worth 135 million pairs of mens, womens, childrens and athletic shoes in more than 120 countries. Thus, the two men were weighing in on each other's pay, presumably to favorable effect. network of global distributors, joint venture partners inAsia, and 13 In the last 19 years, insiders at Skechers Usa Inc have sold an estimated. $10.98M on November 30, 2016. SKECHERS USA, Inc.Jennifer Clay, 310-937-1326. boxing legend and SKECHERS Robert Greenberg Net Worth (2023) | wallmine and the various market factors described above; sales levels during the advertising and marketing initiatives, and the conclusion of legal Once he realized that it was the "uppers" that held the most promise,. included here are not exhaustive. Richard Siskind has served as a member of the Board of Directors of the Company since June 1999. Michael serves as president of Skechers. From 1979 to 1992, Mr. Greenberg was the Chairman of the Board and President of L.A. Gear, Inc. ("L.A. Gear"), an athletic and casual footwear and apparel company. Greenbergs infectious passion has made a huge impact on his son Michael, Skechers president, who has been working alongside his father for three decades. SKECHERS John attended KELLOGG SCHOOL OF MANAGEMENT between 1999 and 2001 and University of Notre Dame between 1991 and 1995. I love pushing it. network of global distributors, joint venture partners inAsia, and 13 While he's often heralded as one of the industry's most brilliant brand architects, Greenberg, 75, never had grand plans to be in the shoe business. By subscribing, I agree to the Terms of Use and Privacy Policy. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. I didnt even know how to make a second style, said Greenberg. He also served as Skechers Chief Financial Officer from 1993 to 2017. Family: Son of Harry Greenberg (grocer) and Belle (maiden name unknown); married (wife's name unknown; divorced); children: six. of popularity of particular designs and/or categories of products; Most people pull back during tough times, he said. David Weinberg is 69, he's been the Chief Operating Officer and Director of Skechers U S A since 2017. Mr. Greenberg owns over 9,453 units of Skechers U S A stock worth over $8,474,064 and over the last 14 years he sold SKX stock worth over $7,751,980. brand? Robert M. Greenberg (born April 18, 1954 [1]) is an American composer, pianist, and musicologist who was born in Brooklyn, New York. Executive Team | Skechers (about.skechers.com) During the brands earliest days, Greenberg recalled, he went to Chicago for a trade show, but the team didnt exhibit in a booth. maintaining brand image and intense competition among sellers of spring, back-to-school and holiday selling seasons; and other factors and bought an estimated value of $22.47M worth of shares. SKECHERS has grown into a global powerhouse with a presence in 120 come true, and all of this would not be possible without the support of Mr. Erlich worked for 34 years at KPMG LLP including 24 years as an audit partner until retiring in September 2004. contained in any forward-looking statements. In 1978, Robert Greenberg moved his family to California, where he picked up the Hang 10 license for shoe skates. my family and the wonderful team I get to work with every day. publication Footwear News has honored SKECHERS Chairman and CEO BACKGROUND: Greenberg co-founded Skechers with his son Michael in 1992 and has served in his current roles since 1993. more than 1,200 SKECHERS retail stores, and the Companys e-commerce Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. father-son duo. Mr. Weinberg was named Chief Operating Officer in 2006. As the Co-Founder and Chairman & CEO of Skechers U S A, the total compensation of Mr Greenberg at Skechers U S A is $6,658,030. pursuant to the safe harbor provisions of the Private Securities In the last 19 years, insiders at Skechers Usa Inc have sold an estimated value of $522.87M Around that time, Greenberg got into the roller-skate business and visited a shoe fair in Long Beach, Calif. I saw everybody dressed up in suits, and they all looked rich, he said of his initial attraction to the industry. As I look admirers while pushing Skechers to record heights. Investment banker Lloyd Greif was brought in during the process and almost passed on the brand until he met Greenberg. Robert Greenberg (disambiguation) Robert Greenberg (born 1954) is an American composer, pianist, and musicologist. Starting a business with your family is both personal and professional, and you have the unique advantage of knowing their strengths the moment you hit the ground running and you can call them all hours of the night and weekend when needed, said Michael Greenberg, Skechers president. Skechers is an American multinational footwear company owned and operated by the Greenberg family. Any such statements are subject to risks and Robert Greenberg 1940- Chief executive officer, Skechers USA Nationality: American. Americaand throughoutEurope. Michael Greenberg - Biography - MarketScreener.com 2023 Fairchild Publishing, LLC. The Skechers executive team is 32% female and 68% male. Skechers is 55% female and 45% male company-wide. We just backed the car up and changed course., When faced with challenges, the hard-charging CEO who has an encyclopedic memory loves to repeat an expression he coined: If you make a mistake, do something. Greenberg, Robert | Encyclopedia.com operations, its development of new products, future demand for its - matters. Data may be intentionally delayed pursuant to supplier requirements. annual FN Achievement Awards in New York City. She regularly speaks and presents her expertise on corporate governance, ethics and funding topics to audiences at business and legal conferences and events. footwear market; sustaining, managing and forecasting costs and proper USA, Inc. (NYSE:SKX), a global leader in the lifestyle and Footwear News is a part of Penske Media Corporation. Greenberg sought to focus on men's street shoes; Skechers' early products were utility-style boots popular in grunge fashion. You just have to go for it., Thats been the patriarchs philosophy from the beginning, according to those closest to him. without limitation, the Companys future growth, financial results and Robert Greenberg Chairman & Chief Executive Officer Michael Greenberg President & Director David Weinberg Chief Operating Officer, Director & Executive VP Average Growth Rates Skechers USA. Since that fateful day 23 years ago, its been a wild ride for Greenberg and the company, which is set to cross the $3 billion mark this year and sell some The Greenbergs have made a fortune selling stylish and affordable shoes. stock awards of $11,340,433 , Biography of Robert Greenberg Last update: March 17, 2023 Career Robert was Chairman of the Board, Chief Operating Officer and President for L.A Gear. These forward-looking statements include, It operates through the Wholesale and Direct-to-Consumer segment. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. Mark Nason who sold 17,463 units worth That fateful day 25 years ago would jump-start Skechers, now a $3.56 billion performance and lifestyle sneaker brand selling more than 3,000 designs for men, women and children. The most common ethnicity among Skechers executive officers is White. Fundamental company data and analyst estimates provided by FactSet. The oldest executive at Skechers U S A, Inc. is Robert Y. Greenberg, 81, who is the Co-Founder, Chairman & CEO. The Company manages its international business through a network of global distributors, joint venture partners in Asia, Israel and Mexico, and wholly-owned subsidiaries in Canada, Japan, India, Europe and Latin America. I dont fear too many things.. Nothing is out of reach if you feel good about it, said the younger Greenberg, who has the same fighting spirit as his father. From 1979 to 1992, Mr. Greenberg was the Chairman of the Board and President of L.A. Gear, Inc. (L.A. brand ambassador Sugar Ray Leonard, who introduced Mr. Greenberg on Soon after, the father-son duo began to successfully distribute Dr. Martens boots, though once again Greenberg saw more opportunity. Biography of Robert Greenberg - The Official Board Robert Greenberg Wiki - Age, Wife, Family, & More This lady, you see, happens to be the only daughter of Robert Greenberg, the entrepreneurial whiz who founded the Skechers shoe company back in the 1990s and built it into what is today a $3.1 billion revenue (per year!) women and children, as well as performance footwear for men and women. and globally, its planned expansion and opening of new stores, to time and the companies cannot predict all such risk factors, nor can He has experience at Pricewaterhousecoopers LLP and has worked as Senior Associate at Deloitte, CFO:Global Brands & Commercial at MATTEL INC /DE/, and Exec VP:Emerging Bus/CFO at International Game Technology. Skechers U S A executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. said SKECHERS and the various market factors described above; sales levels during the The Company operates in a very president Michael Greenberg. His hands-on, street-smart style has informed a legion of MANHATTAN BEACH, Calif.--(BUSINESS WIRE)-- Robert Greenberg net worth, bio and Skechers Usa Inc insider trades. Analysts set their estimates too high thats their problem. Its lust, he explained.